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alibaba quarter report

Alibaba’s Revenue Boosted by Mobile Growth and International Sales

Aug 12, 2016 12:53 PM EDT

Chinese e-commerce giant Alibaba has smashed market expectations in the second quarter by posting its best-ever revenue since being listed on the American stock exchange in the late 2014.

Soros Hedge Fund, Alibaba, Baidu, ETF Shares

Billionaire George Soros Dumps Alibaba and Baidu Shares - Buys Stake in China ETF

Benjie Batanes |

Aug 17, 2015 06:35 AM EDT

American billionaire George Soros' investment company has sold the majority of its shares in Alibaba and Baidu, and bought a substantial stake in a Chinese ETF company. This company invests in Chinese-owned and based corporations, according to its second quarter report. Alibaba's shares suffered a loss of more than $100 billion since late last year which may be the reason for the sale.